Madam Speaker, I quite enjoyed working with the hon. colleague on multiple different committees.
The contrast with the policy that has been put forward by the Conservative Party is that it plans to get rid of the GST on only purpose-built rentals that are below market, not all rentals. Therefore, I think it is missing part of the puzzle to make sure we can get more rental housing built faster, particularly right now, when we are seeing high interest rates impacting the business case for making those projects happen.
I think it is a very important time for us to be moving forward on these measures because of that. Prior to this, we really tackled low-income and social housing with our national housing strategy. However, given the changing economic circumstances, it is really important that we are bringing forward this measure now.